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October 26, 2017, 8:20 PM
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Top News

Twitter:
Twitter decides to ban advertising from all accounts owned by Russia Today and Sputnik and will donate estimated $1.9M earnings since 2011 to misinfo research  —  Twitter has made the policy decision to off-board advertising from all accounts owned by Russia Today (RT) and Sputnik, effective immediately.
Alphabet Investor Relations:
Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M; stock up 3%+  —  MOUNTAIN VIEW, Calif. - October 26, 2017 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2017.
Business Wire:
Amazon beats with Q3 revenue of $43.74B, up 34% YoY, vs. $42.14B expected; net income of $256M, up from $252M YoY; stock up 7%+ after hours  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2017.
Tom Krazit / GeekWire:
Amazon Web Services revenue was $4.6B in Q3, up 42% YoY, as operating profit hit $1.2B; CFO says run rate reaches $18B  —  Amazon Web Services continues to grow quite strongly despite its size, and it crossed an interesting milestone during the third quarter: it contributed $1 billion in operating profit to the overall corporation.
Microsoft Investor Relations:
Microsoft Q1: revenue of $24.54B, up 12% YoY, vs. $23.56B expected; net income up 16% YoY to $6.6B; Productivity revenue hits $8.2B, up 28% YoY; stock up 3%+  —  REDMOND, Wash. — October 26, 2017 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2017:
Intel Investor Relations:
Intel beats Q3 estimates with $16.1B revenue, up 2% YoY, vs. $15.7B expected, as net income rises 34% YoY to $4.5B  —  SANTA CLARA, Calif., October 26, 2017 — Intel Corporation today reported third-quarter 2017 financial results.  “We executed well in the third quarter with strong results across …
Lorenzo Franceschi-Bicchierai / Motherboard:
Researcher recounts warning Equifax about vulnerability on public-facing site that exposed user data months before breach, six months before Equifax patched  —  Months before its catastrophic data breach, a security researcher warned Equifax that it was vulnerable to the kind of attack …
Georgia Wells / Wall Street Journal:
Twitter overstated MAUs by 1-2M since Q4 2014 by including users of a service for third-party apps; according to revised numbers, its MAUs shrank in Q2 by 2M  —  Social media company says it had been including users of service for third-party apps as monthly users that shouldn't have been counted
Selina Wang / Bloomberg:
Twitter Q3: $589.6M revenue tops estimates, net loss down to $21.1M; MAUs grew 4% YoY to 330M, DAUs grew 14% YoY; stock up 19%+ as Q4 guidance suggests profit

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This is a Techmeme archive page. It shows how the site appeared at 8:20 PM ET, October 26, 2017.

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From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement

CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

More News

Nancy Scola / Politico:
Study: interviews with tech staffers show how Facebook, Twitter, and Google helped Trump team as part of ad services; Clinton team declined embeds
Max Chafkin / Bloomberg:
How Snapchat avoids misinformation: commitment to newsroom values, vetting videos it distributes to a wider audience, partnering with credible media outlets

Earlier Picks

Dieter Bohn / The Verge:
Google Pixelbook review: beautiful hardware, great Chrome apps performance, but has average battery life, and Android apps need to be updated for screen and pen
Adi Robertson / The Verge:
Reddit shuts down Nazi and white supremacist subreddits, after updating policy to ban content encouraging violence; subreddits banned had 25 to 7,000 users each
Ben Fox Rubin / CNET:
Amazon Key bundle launched with security camera and smart door lock that lets couriers unlock your door; price starts at $250, preorder today, available Nov. 8
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